In the Margins
Investors pulled $6.7 billion out of taxable bond funds in the week ended Sept 20, the group's second-largest weekly outflows on record and the biggest weekly outflows from the funds since October 2008. "This week's outflows from bond mutual funds surprised me in terms of its scale—second-largest on record—and diversity, meaning the selling was spread across categories and companies," Jeff Tjornehoj, head of Americas research at Lipper, told Reuters. Read the original story from Reuters.
Most Read
The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...
Securities brokerage firms are a critical part of the financial landscape, as they provide a vast array of products and services to the financial services industry, ...
The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...
As mutual fund boards prepare for their next quarterly meetings over the coming weeks, they likely are gathering talking points on several of President Trump's initiatives ...